“Sustainability issues present systemic challenges to the continuation of business as usual.“
A sustainable business strategy presents a way of changing the overall risk profile of an organisation through mitigating, minimising and removing potential flaws likely to act as obstacles to business success over the long term. HCOB’s critical challenges lie in understanding sustainability as a transformational driver rather than an operational issue, and in communicating the financial implications of its sustainable behaviour to investors and markets. Sustainability issues present systemic challenges to the continuation of business as usual.
Sustainable Business and Growth Strategy
As a leading banking partner, HCOB takes on responsibility to implement sustainable business activities. Based on a comprehensive analysis and subsequent operationalisation, Hamburg Commercial Bank is building its sustainable business strategy reflecting especially ESG opportunities and risks. Besides that, financial strength and stability is the central element and basis of HCOB’s business activities.
Holistic Risk Management and Corporate Governance
Following relevant international sustainability initiatives as the Paris Agreement as well as regulatory expectations, HCOB incorporates ESG risks in the Bank’s risk management processes which are continuously enhanced in this respect.
Stakeholder Management
The ongoing strengthening of the dialogue with the Bank’s key stakeholders and the inclusion of their interests in the comprehensive sustainability work is a key topic for HCOB.